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Topic: Cardano run $200 - page 7. (Read 901 times)

full member
Activity: 994
Merit: 117
September 12, 2021, 10:27:46 PM
#9
Maybe if solana has been proven last year from $1 to $200 it has been achieved this year, but with cardano going to $200 it seems hard to be realized, although it does not rule out that it can happen, but it will take several years to get that price. I think the current smart contract can make Cardano around $5 by the end of the year.
hero member
Activity: 2268
Merit: 588
You own the pen
September 12, 2021, 09:34:30 PM
#8
200$? I think it will take a few years. Currently Cardano is still in development after the hardfork, maybe the price new ATH $10-12$ by the end of the year.

Unless they have some kind of innovative strategy to overcome every platform but regardless of their development and updates, I doubt they have any of that. I think when they launch their new upgrae the price of their coins will likely go up but not up to that high because $200 is insane to make that price, some people need to withdraw their investment on some project.
jr. member
Activity: 1330
Merit: 7
September 12, 2021, 08:51:02 PM
#7
To analyze the possibility of Cardano achieving $200 or closer, lets compare it with Ethereum. According to the founder of Cardano (also co-founder of Ethereum), Charles Hoskinson, the Cardano upgrade in September will enable the Cardano blockchain to process smart contracts, self-executing agreements between buyers and sellers that have helped Ethereum dominate the booming decentralised finance industry (Forbes).

Ethereum being the early bird as regards smart contracts and deploying dApps made a massive gain in value form around $300 as at May/June, 2020 to about $3.394 the current price (as at 13th September, 2021).

Though, Ethereum is an early bird but Cardano have strong advantages over Ethereum at the moment:  
(1) Ethereum is uses proof-of-work and is curently working towards being proof-of-stake (Ethereum 2.0);
(2) Cardano requires less energy than Ethereum to process transactions - according to Hoskinson;
(3) Speed of transaction – Cardano is faster than Ethereum (https://blockchainreporter.net/the-difference-between-cardano-and-ethereum-networks/);
(4) Compared with Ethereum, Cardano provides more scalable transactions, larger than many blockchain protocols in the cryptocurrency space.

Cardano has skyrocketed 1,300% this year alone, making it the best-performing top five cryptocurrency. Currently, Cardano is number 3 on Coinmarketcap. Ethereum 2.0 was introduced in order to end the issues of network congestion. Cardano, since launch, has leveraged the Proof of Stake method and, as such, was ahead of ETH. I read an article describing the Ethereum 2.0 -saying that it is like repairing a car while in motion.

Ethereum as the early bird already have many DApps deployed on its blockchain. Ethereum, within a year plus (May/June 2020 - September 2021), rose from about $300 to $3,394).

While $200 goal for Cardano will take some time to achieve, I think Cardano can attain up to $5 - $10 in a year or 2 depending on the number of DApps  on its blockchain, etc. (personal opinion).
sr. member
Activity: 2170
Merit: 254
September 12, 2021, 08:50:08 PM
#6
$200 ?? As far as I know ADA has never hit a high of $200. even if you think it can reach the price of $ 200 now , it can not be achieved in the near future . especially after reading the article you shared, CARDANO still needs time to reach the price of $200, it's not impossible but not right now, I'm sure CARDANO is a good project coupled with its growing market capitalization, surely in the next few years ADA will reach ATH new.

Lol, Cardano will never reach 200$. It's ATH is a little bit over 3$ and it can probably go higher than that if the launch of the smart contracts goes well and if they continue to develop it further. Just before the launch, the price got pumped a bit but now the price is, as expected, dropping a little bit.
full member
Activity: 994
Merit: 100
September 12, 2021, 08:45:09 PM
#5
$200 ?? As far as I know ADA has never hit a high of $200. even if you think it can reach the price of $ 200 now , it can not be achieved in the near future . especially after reading the article you shared, CARDANO still needs time to reach the price of $200, it's not impossible but not right now, I'm sure CARDANO is a good project coupled with its growing market capitalization, surely in the next few years ADA will reach ATH new.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 12, 2021, 06:58:19 PM
#4
Cardano is a good pick to our portfolio. It became hype since last year climbing and passing $1 to where it is now.

But don't expect it will reach even at $5 or above that figures that simply to avoid expectations. It requires a large market capitalization and a heavy push from hypes. Too much predictive and speculative price target for me to expect that one although it's possible. Let's just stay on the close possible price.
full member
Activity: 1303
Merit: 128
September 12, 2021, 06:54:15 PM
#3
Is this the real ADA or what? $200 seems too impossible to happen with its current price even if they made a good marketing strategy before. This may be typo or what, better to review your prediction again. ADA is a good project of course, many are into this project we might see new all time high this year but no on a price of $200.
hero member
Activity: 2842
Merit: 772
September 12, 2021, 05:30:36 PM
#2
I'm not really sure what you mean by $200, but it's previous all time high if I'm not mistaken is $3.00.

In any case, ADA has been in a streak right now, I still remember last year when the price is less than a dollar and no one is talking about it. But now, it gives a lot of profits for those who buy when it is very cheap and continue to be a bagholder.

And I think it's possible that a new ATH can be achieved again at the end of the year as this project is really amazing and has the potential to still grow in the future.
member
Activity: 112
Merit: 10
September 12, 2021, 10:43:18 AM
#1
After launching a smart contract, it will make him return to his initial appearance ± $ 200 usdt, more over Hhampuz holds a bounty with a focus on heroes and legends, he did not waste this opportunity.
Analytically how long will he return to the fund?

https://decrypt.co/80754/cardano-to-launch-smart-contracts-today-but-where-are-the-dapps
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